A company I've never heard of before, izenMobile, is releasing the first of what they say will be several Windows Mobile devices. Their first device, the Krma (and where have we seen something like that before), sports the full Pocket PC Phone Edition OS, but in a more traditional Smartphone Edition form factor.
The Krma sports tri-band support (sorry North Americans), 2 megapixel camera, FM Radio, and Bluetooth.
Personally, I'm excited about seeing this kind of form factor/OS combination. I love smartphone devices because of their pocketability and easy one handed use, but I do admit that I miss some functionality from the Pocket PC devices, namely a touchscreen and Office editing functions. Too bad this one is only tri-band.